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Other sectors are also being progressively emphasized to advance the country's decarbonization goals following the 28th Conference of the Parties (COP28). Low-carbon innovations, such as solar PV manufacturing, are being actively pursued. 5 By targeting these sectors, the UAE aims to develop a more varied and sustainable economy, lowering reliance on imported goods while also producing jobs for both nationals and locals.

As one of the world's top 20 economies, the UAE has actually secured a leading position in foreign direct financial investment (FDI) inflows within the area. The World Financial Investment Report 2024 by the United Nations Conference on Trade and Advancement reported that FDI flows into the UAE reached around US$ 30.69 billion in 2023, up from US$ 22.74 billion in 2022, positioning the UAE second internationally in FDI inflows.
In 2022, the Dubai Multi Commodities Center (DMCC) welcomed 665 brand-new business, marking its finest first quarter in over 20 years, with significant registrations from China, India, the United Kingdom, Germany, and France. 7 By 2023, the DMCC's total variety of business exceeded 24,000.8 Similarly, the Jebel Ali Free Zone supports almost 800 manufacturing companies with tailored infrastructure, excellent logistics, and over 100 customized projects.
Its tactical area at the crossroads of Europe, Asia, and Africa, uses seamless connection to global markets, which makes it possible for efficient distribution of items to a large range of clients and end-users. Even more, the UAE's strong logistics and infrastructure, lack of trade sanctions, and a growing variety of open market agreements with structured, duty-free access to Gulf Cooperation Council (GCC) and Middle East and North Africa (MENA) markets, make it an appealing area for establishing manufacturing bases.
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